Risk Management by Grid Computing in AWS

Financial services businesses use High-performance computing (HPC) infrastructure grids to compute risk, value portfolios, and give data to internal and external control units of organization. Since, the infrastructure’s size, expense, and complexity are becoming increasingly difficult to manage; this paper discusses how Amazon Web Services (AWS) offers a variety of services that help clients to go beyond their present abilities by providing outcomes faster and for less money than on-premises resources. This research work discusses the challenges faced due to on-premises grids and to deal with these issues financial organizations are increasingly turning to AWS to meet their grid computing requirements, and are reaping a variety of benefits, which includes speeding up of processing, total costs reduction, and better accessibility.